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Noda agreed to this on the conditions that the LDP passed a bond-financing bill, and would support a commission to reform the social security system and address electoral malapportionment in the next diet session. While this was expected to affect economic growth in the quarter following the rise, Abe also announced a 5 trillion yen stimulus package that aimed to mitigate any effects on economic revival. Abe cited the "womenomics" ideas of Kathy Matsui that greater participation by women in the workforce, which is relatively low in Japan, especially in leadership roles, could improve Japan's GDP and potentially fertility rates, in spite of declining population figures. Growth strategy and structural reform[ edit ] On 15 March Abe announced that Japan was entering negotiations to join the Trans-Pacific Partnership , this was interpreted by analysts as a means through which the government can enact reforms to liberalise certain sectors of the Japanese economy, most notably agriculture, and was criticised by farm lobbies and some sections of the LDP. Inter-premiership — [ edit ] Abe later revealed that the illness that contributed to ending his first term as Prime Minister was ulcerative colitis , but that he has since recovered due to access to a drug, Asacol , that was previously unavailable in Japan. However, the new agricultural minister Takehiko Endo , involved in a finance scandal, resigned only seven days later. Together with the New Komeito Party which has partnered with the LDP since the late s , Abe was able to form a coalition government that controlled a two thirds majority in the lower house, allowing it to override the upper house's veto. In an attempt to revive his administration, Abe announced a new cabinet on 27 August

Liberal Democratic Party Japan leadership election, Abe's ruling Liberal Democratic Party suffered great losses in the upper house election , marking the first time it had lost control in 52 years. The diplomatic tours also functioned as another element of Abenomics by promoting Japan to the international business community and opening up avenues for trade, energy and defence procurement deals for example, business executives often travel with Abe on these visits. A sixth link of the India-Australia would be the logical corollary, formalized as a new quadrilateral of strategic bulwark. The Abe cabinet has introduced measures to expand childcare and legislation to force public and private organisations to publish data on the number of women they employ, and what positions they hold. In February, after Abe publicly speculated that the government could legislate to strip the bank of independence, Shirakawa announced he was leaving office prematurely before his term expired. This move was partly in response to the Fukushima disaster , and the bill faced little opposition in the Diet. Abe later told reporters that during the meeting he suggested establishing a hotline between Tokyo and Beijing to help resolve any maritime clashes, and that the "first step" had been taken to improve relations. His three-day visit to India in August inaugurated a new bilateral Asian alliance, building on the long history of friendly bilateral relations between India and Japan. Abe has increased its allies in its international campaign to counter the North Korean nuclear cards. While this was expected to affect economic growth in the quarter following the rise, Abe also announced a 5 trillion yen stimulus package that aimed to mitigate any effects on economic revival. He offered Japan's support to other countries in resolving territorial disputes. Abe cited the "womenomics" ideas of Kathy Matsui that greater participation by women in the workforce, which is relatively low in Japan, especially in leadership roles, could improve Japan's GDP and potentially fertility rates, in spite of declining population figures. Growth strategy and structural reform[ edit ] On 15 March Abe announced that Japan was entering negotiations to join the Trans-Pacific Partnership , this was interpreted by analysts as a means through which the government can enact reforms to liberalise certain sectors of the Japanese economy, most notably agriculture, and was criticised by farm lobbies and some sections of the LDP. Monetary policy[ edit ] Haruhiko Kuroda , whom Abe appointed as Governor of the Bank of Japan in Spring , has implemented the "first arrow" monetary policy At the first meeting of the CEFP on 9 January Abe declared that the Bank of Japan should follow a policy of monetary easing with a view to achieving a target of 2 percent inflation. There is also funding for selected universities to create English-only undergraduate programs. This situation, known as the "Twisted Diet", had contributed to political gridlock and the "revolving door" of Prime Ministers since Inter-premiership — [ edit ] Abe later revealed that the illness that contributed to ending his first term as Prime Minister was ulcerative colitis , but that he has since recovered due to access to a drug, Asacol , that was previously unavailable in Japan. These new measures included corporate governance reform, the easing of restrictions on hiring foreign staff in special economic zones, liberalising the health sector and measures to help foreign and local entrepreneurs. This followed a similar agreement with French ministers in Tokyo earlier in the year. Chen Shui-bian welcomed Abe's ministership. This was interpreted as a response to disappointing economic figures in the aftermath of the increase in the consumption tax to 8 percent, inflation having fallen to 1 percent from its peak of 1. Abe maintained pressure on the Bank's governor, Masaaki Shirakawa , who was reluctant to set specific targets, into agreeing to the policy. Abe's initiative is to establish the "fifth" bilateral link in an emerging scenario, whereby, the U. India[ edit ] Abe, in his two terms as the prime minister of Japan, sought to upgrade the strategic Japan-India relationship. However, the new agricultural minister Takehiko Endo , involved in a finance scandal, resigned only seven days later.

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President Barack Obama in Tokyo in April Shortly after taking office Abe signalled a "drastic reshaping" of foreign policy, and promised to pursue diplomacy with a global, rather than a regional or bilateral outlook based on "the fundamental values of freedom, democracy, basic human rights, and the rule of law". His chief rival, Shigeru Ishiba, is standing immediately to his right On 26 September , Abe was re-elected as president of the opposition Liberal Democratic Party defeating former Defense Minister Shigeru Ishiba in a runoff vote by votes to